Quiz 2.4 Gold Rush Flashcards
1
Q
About two-three years after the start of the Gold Rush, California went from having very few Americans residents to becoming a U.S. state.
A
True
2
Q
A legal theory that grants property rights to the first person to put a resource to “beneficial use” is:
A
Prior appropriations
3
Q
The gold standard refers to
A
A monetary system based on the supply of gold
4
Q
The dramatic increase in the supply of gold following the gold rush led to inflation.
A
True
